Lowe’s Companies, Inc. $LOW Stake Lessened by Franklin Resources Inc.

Franklin Resources Inc. lowered its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 0.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,943,504 shares of the home improvement retailer’s stock after selling 4,988 shares during the period. Franklin Resources Inc.’s holdings in Lowe’s Companies were worth $951,015,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. United Financial Planning Group LLC purchased a new stake in shares of Lowe’s Companies in the third quarter valued at $31,000. OLD Second National Bank of Aurora lifted its holdings in shares of Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of Lowe’s Companies during the third quarter worth $34,000. Financial Life Planners purchased a new stake in shares of Lowe’s Companies during the third quarter worth $36,000. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Lowe’s Companies during the fourth quarter worth $36,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Jefferies said Lowe’s new home-maintenance program could expand subscription-style revenue, giving the retailer a more recurring growth stream and a potential valuation tailwind. Lowe’s Wants to Help You Change Lightbulbs. How That Could Boost the Stock.
• Positive Sentiment: Zacks Research raised some near- and longer-term earnings estimates for Lowe’s, including Q1 2028 and Q1 2029, which suggests analysts see solid earnings power ahead. Lowe’s Companies, Inc. estimate updates
• Positive Sentiment: Recent articles highlighted Lowe’s dividend hike alongside other high-yield stocks, reinforcing the company’s appeal for income investors in a volatile market. The Zacks Analyst Blog Highlights UnitedHealth, Donaldson, Lowe’s and ePlus
• Neutral Sentiment: Several roundup pieces focused on Lowe’s as a recent dividend grower, which is supportive for sentiment but not a major operational catalyst on its own. 5 Stocks to Watch on Their Recent Dividend Hikes in a Volatile Market
• Neutral Sentiment: Another market wrap also mentioned Lowe’s among dividend-paying names attracting attention from cautious investors. 3 High-Yielding Dividend Stocks That Just Raised Their Payouts
• Negative Sentiment: Zacks trimmed some earnings estimates for FY2027, FY2028 and a few quarterly periods, signaling a bit more caution on Lowe’s longer-term profit trajectory. Lowe’s Companies, Inc. estimate updates

Lowe’s Companies Price Performance

NYSE LOW opened at $210.81 on Monday. Lowe’s Companies, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $293.06. The stock’s 50-day moving average is $230.12 and its two-hundred day moving average is $246.65. The firm has a market cap of $118.20 billion, a P/E ratio of 17.82, a price-to-earnings-growth ratio of 2.66 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the company earned $2.92 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities analysts expect that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.4%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is 40.57%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LOW shares. HSBC cut their price objective on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a report on Thursday, May 21st. JPMorgan Chase & Co. cut their price objective on Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn increased their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Robert W. Baird cut their price objective on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Argus increased their price objective on Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.